Recently purchased 108,000 units of raw material for php 583,200. three units of raw materials are budgested for use in each finished good manufactured, with the raw material standard set at php 16.50 for each completed product. usc accountancy co. manufactured 32,700 finished units during the period just ended and used 99,200 units of raw material. if management is concerned about the timely reporting of variances in an effort to improve cost control and bottom-line performance, the materials purchase price variance should be reported as